Chinese AI startups move to Singapore to drive global expansion
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup, Tabcut, two years ago in Hangzhou, China, they quickly encountered numerous challenges, including a lack of venture capital. This…
U.S. Court Advances Majority of SEC Claims in Lawsuit Against Binance
In a significant development, Binance, the world’s largest cryptocurrency exchange, faces continued legal challenges as a U.S. court has decided to allow most claims lodged by the Securities and Exchange…
Billionaire Expresses Skepticism on Significant Bitcoin Price Increases
Peter Thiel, the former CEO of PayPal and a prominent investor through his Founders Fund, has voiced skepticism about the potential for a significant increase in Bitcoin’s price from its…
India’s opposition urges Modi government to investigate Foxconn’s hiring practices
NEW DELHI – India’s opposition Congress party has called on Prime Minister Narendra Modi’s government to scrutinize Foxconn‘s hiring practices following a Reuters report that revealed the Apple supplier excludes…
IRS Unveils Final Guidelines for Crypto Broker Reporting Regulations
On June 28, the United States Internal Revenue Service (IRS) announced the completion of its final draft concerning new reporting requirements for crypto brokers. These new regulations aim to refine…
Google Acquires Stake in BlackRock-Owned Taiwan Solar Power Company
Google has announced a significant investment in Taiwan’s New Green Power (NGP), a firm owned by a BlackRock fund, with the potential to purchase up to 300 megawatts (MW) of…
Volkswagen Gathers Rivian Talent for Silicon Valley Software Hub
Volkswagen Group’s recent $5 billion partnership with Rivian is already bearing fruit, as VW has been leveraging Rivian’s software talent months before the official announcement. VW’s software division, Cariad, has…
Amazon Acquires Talent from AI Startup Adept
Amazon has significantly boosted its AI development efforts by hiring top executives from AI startup Adept and licensing its advanced technology. Adept, known for creating AI-powered agents that perform various…
South Korea’s SK Hynix plans to invest $75 billion in AI and chip development by 2028.
South Korea’s SK Hynix, the world’s second-largest memory chip maker, announced an ambitious plan to invest 103 trillion won (approximately $74.6 billion) by 2028. This substantial investment aims to strengthen…
Starfish Space Aims to Extend Life of Intelsat Satellite in 2026 Mission
Starfish Space and Intelsat’s 2026 mission aims to revolutionize satellite operations by extending the life of an expensive geostationary orbit (GEO) satellite. Utilizing Starfish’s Otter spacecraft, the mission will boost…
Hebbia Secures $100M Series B for AI Document Search, Led by Andreessen Horowitz
Hebbia, a pioneering startup leveraging generative AI to search vast document repositories and provide specific answers, has successfully raised close to $100 million in a Series B funding round led…
Bitget Announces $20 Million Investment Fund to Boost Telegram’s TON Ecosystem
In a significant development for The Open Network (TON), Bitget, a prominent crypto exchange, in partnership with Singapore-based Foresight Ventures, has announced the launch of a $20 million TON Ecosystem…
Australia Enhances Data Program to Identify Non-Compliant Crypto Taxpayers
As the Australian financial year draws to a close on June 30, the Australian Tax Office (ATO) is intensifying its oversight on cryptocurrency gains. With taxpayers starting to lodge their…
New Suggestion for Cleansing Skin: The Brand ‘YERMA’ is Launching New Trends in Skin Care
In the ever-evolving world of skincare, the basics remain vital. Cleansing is the cornerstone of any effective skincare routine, and the new range of cleansing solutions from YERMA is set…
Samsara Eco Secures $65 Million to Replace Plastic Packaging
Samsara Eco, an Australian startup specializing in fossil-free polymer resins, secured a substantial $65 million equity funding round on Wednesday, June 26. Co-led by Temasek and Main Sequence, the investment…
Binance Implements Enhanced Security Protocols to Combat Account Misuse
Binance, the largest cryptocurrency exchange globally, has announced the implementation of new security measures aimed at curbing the misuse of account features and preserving the integrity of its platform. These…
Nigerian Blockchain Committee Advocates for Equitable Settlement in Binance Dispute
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN), representing the country’s blockchain sector, has voiced its concern over the legal disputes between global crypto exchange Binance and the Nigerian government.…
Vanuatu Set to Enact Long-Awaited Cryptocurrency Legislation in September
The Pacific Island nation of Vanuatu is poised to enact a significant digital asset and service provider bill by September. This development, eagerly anticipated by the local and international financial…
Amazon to Launch Discount Store to Counter Rising Temu and Shein
Amazon plans to launch a new budget storefront featuring low-cost apparel, home goods, and other items to compete with emerging e-commerce sites Temu and Shein. The storefront, announced at a…
Google Ends Infinite Scroll on Desktop and Mobile Search Results
Google is ending infinite scrolling for search results on desktop on June 26 with plans to remove the feature from mobile devices in the coming months. According to a report…